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24/7 Wall St. on MSNStarbucks vs. Luckin: U.S. Icon Slows as Chinese Company Surges with 119 New Drinks and 24,000 Stores
Coffee: most of us love it, and now the ultimate coffee war is on between veteran Starbucks and newcomer Luckin.
Starbucks' global same-store sales fell 2%. Global traffic dropped 2%, while there was a 1% increase in the average ticket.
They include low double-digit percentage same-store sales growth at college locations, improved transaction trends in the US ...
Luckin overtook Starbucks as China’s largest coffee chain by both store count and revenue two years ago, capitalising on a slowing economy that pushed consumers towards lower-cost alternatives. It ...
Convenience is essential in successful retail around the globe. Walmart knows this and continues to make significant ...
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